Multiple Choice
A rational person does not act unless:
A) The action is ethical.
B) The action produces marginal costs that exceed marginal benefits.
C) The action produces marginal benefits that exceed marginal costs.
D) The action makes money for the person.
E) None of these answers.
Correct Answer:

Verified
Correct Answer:
Verified
Q29: The market power that your university's bookstore
Q30: When economists say, "There is no such
Q31: High and persistent inflation is caused by:<br>A)
Q32: Since people respond to incentives, we would
Q33: The Phillips curve shows that:<br>A) The business
Q35: The European Union will benefit economically if
Q36: Why is a high quality education system
Q37: Adam Smith argues in the Wealth of
Q38: Economics deals primarily with the concept of:<br>A)
Q39: Suppose you find €30. If you choose